Effect of Termination in General. Upon any termination of this Agreement, each Party will be released from all obligations and liabilities to the other occurring or arising after the date of such termination, except that the obligations of the Parties under this Agreement, which, by their nature, would continue beyond termination or expiration of this Agreement, including but not limited to performance of the Parties respective obligations with respect to any purchase order placed by Agent for Principal pursuant to this Agreement, which shall remain until the Merchandise has been delivered to Principal or such order is canceled, as the case may be, shall survive termination of this Agreement. While termination will not relieve the Parties from liability arising from any breach of this Agreement, neither Party will be liable to the other for damages or any sort solely as a result of terminating this Agreement in accordance with its terms. Termination of this Agreement will be without prejudice to any other right or remedy of either Party.
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
(a) Immediately upon any termination of this Agreement, Adaptec shall, to the extent and at the times specified by Roxio, stop all work on outstanding Service Orders, incur no further direct cost, and protect all property in which Roxio has or may acquire an interest pursuant to this Article 15.
(b) Immediately upon any termination of this Agreement, each party will return to the other party or, pursuant to the other party's written instructions, destroy all materials in its possession containing Confidential Information of the other party. Returned Confidential Information materials shall be shipped freight collect. In addition Adaptec shall immediately deliver to Roxio any and all Roxio Technology, Roxio Documentation or other property of Roxio within Adaptec's possession or control. Notwithstanding the foregoing, Adaptec shall have no obligation to deliver any Inventory until and unless it has been paid for by Roxio.
(c) If this Agreement is terminated by Adaptec pursuant to Section 15.3, then Adaptec may submit a claim for Inventory in accordance with Section 5.4.
(d) Notwithstanding any termination of this Agreement, the provisions of Sections 5.4, 7, 9, 10, 12, 13, 14, 16, 17, 18 and the relevant sections of Articles 15 and 19 shall remain in effect.
Effect of Termination in General. Upon termination of the Collaboration and the Collaboration Documents:
(a) each Party shall be obligated to pay 50% of the Residual Expenses; and
(b) neither Party shall be relieved of any obligation which accrued prior to the effective date of such termination; in particular, each Party shall remain obligated to pay its share of all R&D Expenses incurred by the Parties prior to termination in accordance with the provisions of Section 6.2 and both Parties shall fulfill all payment and other obligations incurred with respect to commercialization of the Product prior to the date of such termination in accordance with the provisions of Section 6.4.
(c) except as provided in Section 14.3, Rhein Biotech and GCVC shall not have any continuing license to or any other right, title or interest in or to the Contributed Chiron Technology, and Chiron shall not have any continuing license to or any other right, title or interest in or to the Contributed Rhein Biotech and GCVC Technology;
(d) the Parties shall continue to jointly own all Collaboration Technology developed prior to such termination; each Party shall have the right to freely license its interest in such Collaboration Technology without the consent of the other Party; and neither Party shall be obligated to pay any royalties to the other Party for the use of such Collaboration Technology by such Party or its licensees;
(e) The following provisions shall survive any such termination. Article 6 (Payments), Article 7 (Intellectual Property), Article 8 (Licenses), Article 10 (Confidentiality), Article 12 (Representations and Warranties), Article 13 (Indemnification and Insurance) and Article 14 (Termination).
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
(a) Immediately upon any termination of this Agreement, Adaptec shall, to the extent and at times specified by Purchaser, stop all work on outstanding Purchase Orders, incur no further direct cost, and protect all property in which Purchaser has or may acquire an interest pursuant to this Section 16.
(b) Immediately upon any termination of this Agreement, each party will return to the other party or, pursuant to the other party's written instructions, destroy all materials in its possession containing Confidential Information of the other party. Returned
Effect of Termination in General. Upon termination or expiration of this Agreement, each party will be released from all obligations and liabilities to the other occurring or arising after the date of such termination, except that the obligations of the parties under this Agreement which, by their nature, would continue beyond termination or expiration of this Agreement, shall survive termination or expiration of this Agreement. While termination will not relieve YBS or Enovix from any liability arising from any breach of this Agreement, neither party will be liable to the other for damages of any sort solely as a result of terminating this Agreement in accordance with its terms. Termination of this Agreement will be without prejudice to any other right or remedy of either party.
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
(a) Immediately upon any termination of this Agreement, Adaptec shall, to the extent and at times specified by Purchaser, stop all work on outstanding Purchase Orders, incur no further direct cost, and protect all property in which Purchaser has or may acquire an interest pursuant to this Section 16.
(b) Immediately upon any termination of this Agreement, each party will return to the other party or, pursuant to the other party's written instructions, destroy all materials in its possession containing Confidential Information of the other party. Returned Confidential Information materials shall be shipped freight collect. In addition Adaptec shall immediately deliver to Purchaser any and all Purchaser Technology, Inventory or other property of the Purchaser within Adaptec's possession or control. Such items shall be delivered FOB Singapore. Notwithstanding the foregoing, Adaptec shall have no obligation to deliver any Inventory until and unless Purchaser has paid in full all amounts due to Adaptec.
(c) Unless this Agreement is terminated pursuant to Section 16.1 or by Adaptec pursuant to Section 16.3, Purchaser shall reimburse Adaptec for (i) the full purchase price paid by Adaptec, including freight, tax, and other costs paid by Adaptec, of all Risk-buy Inventory which is not incorporated into Products, and (ii) the then-current price for all Unique Inventory which is not incorporated into Products. Such reimbursement shall be paid for as provided in Section 7.
(d) If this Agreement is terminated by Adaptec pursuant to Section 16.3, then Purchaser shall immediately pay to Adaptec all amounts due to Adaptec, including the full purchase price for all outstanding Purchase Orders, the fall purchase price of all Risk-buy Inventory not incorporated into Products, and the then-current price for all Unique Inventory not incorporated into Products.
(e) If this Agreement is terminated by Purchaser pursuant to Section 16.3, then Purchaser shall pay to Adaptec amounts due for Products Delivered to Purchaser, the full purchase price of all Risk-buy Inventory not incorporated into Products, and the then-current price for all Unique Inventory not incorporated into Products, but Purchaser shall have no obligation to pay for unfilled Purchase Orders.
(f) Notwithstanding any termination of this Agreement, the provisions of Section 7,...
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
(a) Immediately upon any termination of this Agreement, TAEC shall, to the extent and at times specified by M-Systems, stop all work on outstanding Purchase Orders, incur no further direct cost, and protect all property in which M-Systems has or may acquire an interest pursuant to this Section 16.
(b) Immediately upon any termination of this Agreement, each party will return to the other party or, pursuant to the other party`s written instructions, destroy all materials in its possession containing Confidential Information of the other party, unless the party in possession of such Confidential Information has continued rights to retain it pursuant to its license under the Development and License Agreement. Returned Confidential Information materials shall be shipped freight collect.
(c) If this Agreement and any Purchase Orders issued hereunder are terminated by M-Systems pursuant to Section 16.1 or 16.3, then M-Systems, in addition to any other rights provided herein, may require TAEC to transfer title and deliver to M-Systems any completed Products and/or materials that TAEC has produced or acquired for the completion of such Purchase Order(s), including, but not limited to, materials, components, sub-assemblies, and tooling required exclusively for the Products and contract rights for materials required to complete such Purchase Orders. TAEC shall protect and preserve for M-Systems` benefit such property in the possession of TAEC.
(d) Notwithstanding any termination of this Agreement, the provisions of Sections 1, 10, 11, 14, 15, 16, 17, 20, 22, 23, 24 and 26 shall remain in effect.
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
Effect of Termination in General. The following terms apply to any termination under this Agreement, including without limitation, termination for convenience and for default:
(a) Immediately upon any termination of this Agreement, Adaptec shall, to the extent and at times specified by Purchaser, stop all work on outstanding Purchase Orders, incur no further direct cost, and protect all property in which Purchaser has or may acquire an interest pursuant to this Section 16.
(b) Immediately upon any termination of this Agreement, each party will return to the other party or, pursuant to the other party's written instructions, destroy all materials in its possession containing Confidential Information of the other party. Returned Confidential Information materials shall be shipped freight collect. In addition Adaptec shall immediately deliver to Purchaser any and all Purchaser Technology, Inventory or other property of the Purchaser within Adaptec's possession or control. Such items shall be delivered FOB the Adaptec facility at which they are located (i.e., Singapore or Milpitas). Notwithstanding the foregoing, Adaptec shall have no obligation to deliver any Inventory until and unless Purchaser has paid in full all amounts due to Adaptec.
Effect of Termination in General. Termination or expiration of the Collaboration, or any of the licenses for any reason shall be without prejudice to any rights that shall have accrued to the benefit of a Party prior to such termination or expiration. Upon termination or expiration of the license with respect to a Licensed Compound, all licenses with respect to the applicable Licensed Technology and Regulatory Approvals granted under this Agreement with respect to such Licensed Compound shall terminate; it being understood that the termination or expiration of the license with respect one Licensed Compound shall not affect the rights and obligations hereunder with respect to any other Licensed Compounds.
